This bill proposes to amend the Code of West Virginia by increasing the consumer sales and use tax from six percent to eight percent. The bill specifically modifies section 11-15-3, which outlines the amount of tax to be collected by vendors on sales of tangible personal property and certain services. The new tax rate will apply to all sales, excluding gasoline and special fuel, which will continue to be taxed at five percent. Additionally, the bill introduces new tax calculations for fractional parts of a dollar, adjusting the amounts for various price ranges to reflect the increased tax rate.

Furthermore, the bill seeks to repeal a comprehensive list of sections related to personal income tax, effectively eliminating this tax in the state. This repeal includes numerous subsections that govern the personal income tax structure, thereby simplifying the tax code and shifting the state's revenue reliance from income tax to an increased sales tax. The overall intent of the bill is to streamline taxation in West Virginia by raising sales tax while completely removing personal income tax.

Statutes affected:
Introduced Version: 11-15-3, 11-21-1, 11-21-2, 11-21-3, 11-21-3a, 11-21-4, 11-21-4a, 11-21-4b, 11-21-4c, 11-21-4d, 11-21-4e, 11-21-4f, 11-21-4g, 11-21-4h, 11-21-4i, 11-21-5, 11-21-6, 11-21-7, 11-21-8, 11-21-8a, 11-21-8b, 11-21-8c, 11-21-8d, 11-21-8e, 11-21-8f, 11-21-8g, 11-21-8h, 11-21-9, 11-21-9a, 11-21-10, 11-21-10a, 11-21-11, 11-21-12, 11-21-12a, 11-21-12b, 11-21-12c, 11-21-12d, 11-21-12e, 11-21-12f, 11-21-12g, 11-21-12h, 11-21-12i, 11-21-12j, 11-21-12k, 11-21-12l, 11-21-12m, 11-21-12n, 11-21-13, 11-21-14, 11-21-15, 11-21-16, 11-21-17, 11-21-17a, 11-21-18, 11-21-19, 11-21-20, 11-21-21, 11-21-22, 11-21-22a, 11-21-22b, 11-21-22c, 11-21-23, 11-21-24, 11-21-25, 11-21-26, 11-21-27, 11-21-28, 11-21-29, 11-21-30, 11-21-31, 11-21-32, 11-21-37, 11-21-37a, 11-21-37b, 11-21-37c, 11-21-38, 11-21-39, 11-21-41, 11-21-42, 11-21-43, 11-21-44, 11-21-45, 11-21-46, 11-21-47, 11-21-48, 11-21-49, 11-21-50, 11-21-51, 11-21-51a, 11-21-52, 11-21-54, 11-21-55, 11-21-56, 11-21-57, 11-21-58, 11-21-59, 11-21-60, 11-21-61, 11-21-62, 11-21-63, 11-21-64, 11-21-65, 11-21-66, 11-21-67, 11-21-68, 11-21-69, 11-21-70, 11-21-71, 11-21-71a, 11-21-71b, 11-21-72, 11-21-73, 11-21-74, 11-21-75, 11-21-76, 11-21-77, 11-21-78, 11-21-79, 11-21-93, 11-21-94, 11-21-94a, 11-21-95, 11-21-96, 11-21-97